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deff fn [24]
3 years ago
6

When makers of a product increase their price, consumers are often unwilling to continue to purchase the product (or at least as

much of the product). This is known as?
Business
2 answers:
Romashka [77]3 years ago
4 0
<span>This is known as the law of demand. As price of a product rises, the quantity demanded decreases. Conversely, if the price of a good or service decreases, then the quantity demanded will rise. When producers raise prices of their goods or services, consumers may find other products, called substitute goods to use in place of the normal goods.</span>
dusya [7]3 years ago
3 0

Answer: C) the Law of Demand.

Explanation:

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Andreas93 [3]

Answer: 140%

Explanation:

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Formula is:

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2 years ago
A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and paid out cash dividends of
snow_lady [41]

Answer:

Ending retained earning will be $433750

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3 years ago
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vekshin1
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3 years ago
Which of the following should be done once the fire has been controlled?
vekshin1

Disconnect the battery is your answer .-.

4 0
3 years ago
Which of the following might vary in on online purchase depending on where the purchaser lives?
kondaur [170]

Answer:

The sales tax

Explanation:

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